Yup and not even the halving yet. This will be a moot point shortly!

It's fair to point out that we haven't hit ATH for purchasing power yet, but it's a sloppy way to do it.

Undisciplined

The author's point is that if you bought the top, with USD, you would be down in real terms.

And, if you bought the S&P at the same time, you would be down less, in real terms.

But ignores the fact that if you bought neither, and held USD, you'd be "down" the same.  But had no upside potential.

econ

No, bitcoin didn't really hit an all-time high. Here's why

BitcoinIsTheFuture

The author's point is that if you bought the top, with USD, you would be down in real terms.

And, if you bought the S&P at the same time, you would be down less, in real terms.

🍒⛏️

But ignores the fact that if you bought neither, and held USD, you'd be "down" the same.  But had no upside potential.

🤡🌎